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Monday, April 5, 2021

Major step towards FIRE with my wife

2020 was a big year. I was able to take advantage of the extension and maximize my Roth IRA for the first time. I also was able get my wife to open a Roth with Vanguard this week and we will maximize her 2020 Roth as well. This is huge because it may not be long before our income places us in a position where we can't contribute to a Roth so it was nice to get in an extra 6k under the wire.

Recent Buy WFC

 Today I grabbed 7 shares of  Wells Fargo for $39.50 a share. Full disclosure this isn't my favorite stock for a variety of reasons. It seems for years they can't get rid of the negative headlines. We are going to be bogged down by low interest rates for years. But their sheer size gives them a tremendous advantage. And I feel like even the their price has come up quite a bit, this stock has the potential to take off, once the buyback and dividend restrictions come off the banks. Also the this buy only brings WFC to about 3 percent of my individual stock portfolio, which is a very small percentage of my overall portfolio. 


Disclosure: Long WFC

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Wednesday, March 31, 2021

March Dividends

March was a busy month like all quarter months. 21 companies paid me a record $82.09. This is the first time I've crossed the $80 mark in a single month. This is an incredible year over year growth of 39.78 percent which was largely powered by my Chevron acquisition. Having never broken the $70 mark before, a jump like this makes me feel my first triple digit month is coming soon. 



WFC              $1.10

ADM             $6.66

DFS               $2.20

SBUX           $3.60

AMGN         $1.76

HBI              $1.50

JNJ               $2.02

EMR           $2.53

TGT            $6.80

XOM          $5.22

CVX         $15.48

MMM         $5.92

MCD          $8.73

O                $3.99

DUK         $3.86

UL             $1.02

FLO           $2.00

CMP          $3.60

D              $1.89

BAC         $1.98

PEP          $4.09


Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.



Monday, March 8, 2021

Recent Buy LMT

Today I purchased 1 share of LMT for 343.25. Overall there is a lot to like here. A Dividend yield of 3.05 percent and P/E ratio at 13.94. The average one year price target is $411.29. Lockheed Martin currently has 18 consecutive years of Dividend increases and a payout ratio of 39.65 percent. With a Democratic congress and President defense spending probably won't be a priority. But we aren't getting out of the military business anytime sooner either. 

 

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.
 

 Disclosure: Long LMT

 



Monday, March 1, 2021

Drop Your Blog In the Comments

 Hello everyone. One of the unfortunate parts of the Dividend Growth investing community is that Blogs have a tendency to suddenly stop and drop off the face of the earth. Maybe that will be me one day. I certainly don't have the time to always post in the detail I like. I do enjoy reading other blogs and connecting with other investors. So if you have a dividend blog that you update regularly, please post in the comments.

February Dividends

 February Dividends this year were $58.47. That's a 28.2 percent year over year growth. Which put in the context of Covid and what it's done to dividends is more impressive. I'm excited to continue to buy and watch these dividends grow. 


GIS           $5.61

CVS        $10.00

T             $14.42

GD           $2.20

KMI         $1.58

O              $3.99

ABBV    $13.00

CAT         $2.06

WELL      $5.61

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Disclosure: Long GIS; CVS; T; GD; KMI; O; ABBV; CAT; WELL. 

Tuesday, February 2, 2021

Recent Buy KO

I recently purchased 5 shares of KO for 48.99 a share. This has been a stock I've held a single share of for a while and finally had an opportunity to add to my position. What I like: 

-- 57 years of Dividend Growth
-- 10.81% 3 year dividend growth
-- 3.35 dividend yield
--Average price target of $57.20 per share
It's an established brand that is 3x larger than its nearest competitor.
-- It is looking to expand into ☕ and has the name recognition to do so.

Let me know what you think. 

Disclosure: Long KO

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Major step towards FIRE with my wife

2020 was a big year. I was able to take advantage of the extension and maximize my Roth IRA for the first time. I also was able get my wife ...